You have to be wondering why accountants would want bookkeepers. They're ideally supposed to do it themselves right? Well yes, although not entirely. It really works the same way as doctors and nurses. Doctors are expected to know everything that nurses do but simultaneously their attention is needed on cases that nurses are not trained to handle. For example, a physician is educated to administer a vaccine and so is a nurse. However the nurse is not trained to 'prescribe' a vaccine.
Similarly, a cpa knows to maintain books and can manage it in the absence of a bookkeeper but a bookkeeper is not trained in accountancy. When accountants get new projects, they assign bookkeepers for that bookkeeping when they concentrate on accountancy tasks like preparation of final accounts and full fledged financial statements. This is actually the usual trend with CPA's and accounting firms alike.
But sometimes it happens that professional bookkeepers are few in number. This not only makes them hard to get, but additionally makes their rates unaffordable. End during the day, accountants reject new businesses for not having bookkeepers. Sad isn't it?Accounting Firms In South Jersey
Wondering if there is a way out?
Luckily, there is. It is possible through outsourcing. Business Process Outsourcing today provide bookkeepers for accounting firms at cost effective rates. You have to be wondering how people spend sensitive information such as accounts, but you could be surprised at the techniques followed by BPO's to comfort such concerns.
Here are some things they do.
Adopt a "No employed by competitors" policy.
Sign a "Non-disclosure" agreement with employees
Allow only restricted internet access to employees
Have a policy where employees are not allowed to use cell phones or data transfer devices such as pen drives, hard drives, CD's/DVD's.
Have strict entry/exit policy through Bio-metric fingerprint access.
Highly secure modes of information transfer.
Such measures have greatly minimized the worry of outsourcing and a lot more people have found relief in it. Accounting bookkeeping services will also be being desired a lot these days.